David Wilson - Columbus McKinnon CEO President

CMCO Stock  USD 39.10  0.23  0.59%   

CEO

David Wilson is CEO President of Columbus McKinnon
Age 55
Address 13320 Ballantyne Corporate Place, Charlotte, NC, United States, 28277
Phone716 689 5400
Webhttps://www.cmco.com

David Wilson Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Wilson against Columbus McKinnon stock is an integral part of due diligence when investing in Columbus McKinnon. David Wilson insider activity provides valuable insight into whether Columbus McKinnon is net buyers or sellers over its current business cycle. Note, Columbus McKinnon insiders must abide by specific rules, including filing SEC forms every time they buy or sell Columbus McKinnon'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Columbus McKinnon Management Efficiency

The company has return on total asset (ROA) of 0.0224 % which means that it generated a profit of $0.0224 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0173 %, meaning that it created $0.0173 on every $100 dollars invested by stockholders. Columbus McKinnon's management efficiency ratios could be used to measure how well Columbus McKinnon manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.09. At this time, Columbus McKinnon's Return On Tangible Assets are very stable compared to the past year. As of the 29th of November 2024, Debt To Assets is likely to grow to 0.34, while Other Current Assets are likely to drop about 21.7 M.
Columbus McKinnon currently holds 599.62 M in liabilities with Debt to Equity (D/E) ratio of 0.63, which is about average as compared to similar companies. Columbus McKinnon has a current ratio of 2.03, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Columbus McKinnon's use of debt, we should always consider it together with its cash and equity.

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Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. The company was founded in 1875 and is headquartered in Buffalo, New York. Columbus Mckinnon operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 3224 people. Columbus McKinnon (CMCO) is traded on NASDAQ Exchange in USA. It is located in 13320 Ballantyne Corporate Place, Charlotte, NC, United States, 28277 and employs 3,515 people. Columbus McKinnon is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Columbus McKinnon Leadership Team

Elected by the shareholders, the Columbus McKinnon's board of directors comprises two types of representatives: Columbus McKinnon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Columbus. The board's role is to monitor Columbus McKinnon's management team and ensure that shareholders' interests are well served. Columbus McKinnon's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Columbus McKinnon's outside directors are responsible for providing unbiased perspectives on the board's policies.
Terrence Schadeberg, President Americas
Alan Korman, VP, General Counsel and Corporate Secretary
Gregory Rustowicz, CFO and VP of Fin.
Bert Brant, Vice President - Global Manufacturing Operations
Appal Chintapalli, Vice President - Engineered Products
Adrienne Williams, Senior Officer
Mario Lara, Vice President - Global Product Development
Mark Paradowski, Vice President - Information Services
Lynn Bostrom, Director Marketing
Gregory CPA, Executive CFO
David Wilson, CEO President
Jon Adams, President Americas
Kristine Moser, VP Treasurer

Columbus Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Columbus McKinnon a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Columbus McKinnon

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbus McKinnon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbus McKinnon will appreciate offsetting losses from the drop in the long position's value.

Moving together with Columbus Stock

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Moving against Columbus Stock

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The ability to find closely correlated positions to Columbus McKinnon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbus McKinnon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbus McKinnon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbus McKinnon to buy it.
The correlation of Columbus McKinnon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbus McKinnon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbus McKinnon moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbus McKinnon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Columbus McKinnon offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbus McKinnon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Columbus Mckinnon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbus Mckinnon Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Columbus McKinnon. If investors know Columbus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Columbus McKinnon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.28
Earnings Share
0.52
Revenue Per Share
34.771
Quarterly Revenue Growth
(0.06)
The market value of Columbus McKinnon is measured differently than its book value, which is the value of Columbus that is recorded on the company's balance sheet. Investors also form their own opinion of Columbus McKinnon's value that differs from its market value or its book value, called intrinsic value, which is Columbus McKinnon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbus McKinnon's market value can be influenced by many factors that don't directly affect Columbus McKinnon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbus McKinnon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbus McKinnon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbus McKinnon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.